New Found Gold Corp · TSX:NFGC
New Found Gold — Investor Presentation (January 2023)
30 slides from New Found Gold's investor presentation, January 2023
Slide 1: Canada's Newest High-Grade Gold Discovery
CANADA’S NEWEST HIGH-GRADE GOLD DISCOVERY TSX-V: NFG | NYSE-A: NFGC
Slide 2: Disclaimer
DISCLAIMER This presentation contains certain forward-looking statements within the meaning of Canadian securities legislation (the “Forward-looking Statements”), including with respect to the Company’s plans, including exploration and drill programs at the Company’s Queensway Project in Newfoundlan
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS TIER 1 DISCOVERY - GRADE + SCALE Multiple high-grade, near surface gold discoveries in a district scale property package. GANDER JURISDICTION & INFRASTRUCTURE QUEENSWAY Newfoundland is rated a top 10 mining jurisdiction by Fraser Institute. PROJECT The Queensway Project is loca
Slide 4: Capitalization
CAPITALIZATION $956M $90M 188,238,026 Market Cash & Marketable Fully Diluted Capitalization Securities Shares Outstanding As of January 2023 As of January 2023 INSTITUTIONAL & RETAIL 175,377,526 Basic Shares Outstanding 30% * 20% 50% 12,860,500 ERIC *This calculation includes shares owned directly b
Slide 5: Drilling Highlights
DRILLING HIGHLIGHTS • New Found drilled its first hole in August of 2019, intercepting 19m of 92.9 g/t Au. Since then, the Company has made multiple high-grade discoveries along a 3km corridor including Keats, Lotto, Golden Joint, and recently announced Keats West and Lotto North. KEATS DISCOVERY GO
Slide 6: Project Overview
Newly Added 6.1KM PROJECT OVERVIEW of Appleton Fault per November 3, 2022 release The Queensway Project is categorized into North and South, which in total covers 110km of prospective strike length. GOLD TARGETS GOLD TARGETS ALONG 12.4KM QUEENSWAY NORTH QUEENSWAY PROJECT ALONG 9.45KM OF OF JBP FAULT
Slide 7: Queensway North
798 APPLETON FAULT ZONE JBP FAULT QUEENSWAY BIG DAVE 1744 ZONE NORTH ZONE 36 GLASS LOTTO NORTH • At Queensway North, the majority LOTTO of drilling has been focused on a DOME string of high-grade discoveries along LITTLE ROAD POCKET POND the Appleton Fault including Keats, GOLDEN JOINT KEATS WEST Go
Slide 8: 3.2km Corridor of Appleton
ZONE 36 E ON 3.2KM TZ AFZ PLAN MAP UL FA Deformation Zone Au Associated Fault Interpreted ON Au Vein ET Trans-Canada Highway LOTTO NORTH CORRIDOR OF PL Greywacke Shale AP Drill Hole BLACK APPLETON SHALE LOTTO 0 250 500m • This plan map shows a 3.2km corridor of Queensway North LITTLE DOME along the
Slide 9: Gold Mineralization in 3D
GOLD ZONE 36 MINERALIZATION LOTTO IN 3D LITTLE GOLDEN JOINT LOTTO KEATS NORTH COKES WEST KEATS ROAD NE NORTH LT ZO FAU TO N PLE KEATS AP KEATS TCH SOUTH KNOB TSX-V: NFG, NYSE-A: NFGC | 9
Slide 10: Zooming in on Keats
KEATS WEST KEATS NORTH ZOOMING IN Hole No. NFGC-19-01 From (m) 96.00 KEATS MAIN ZONE - HIGHLIGHTS To (m) Interval (m) 115.00 19.00 Au (g/t) 92.9 ON KEATS E N Including 105.00 111.00 6.00 285.2 ZO NFGC-20-19 89.65 108.50 18.85 31.2 LT Including 102.00 107.25 5.25 100.6 AU F NFGC-20-32 118.90 132.00 1
Slide 11: Zooming in on Lotto
GREYWACKE ZONE 36 LOTTO ZONE PLAN MAP ZOOMING IN Deformation Zone Au Associated Fault Interpreted Au Vein Au Grade (g/t) 0.5 – 1.0 1.0 - 3.0 ON LOTTO 3.0 - 10.0 Greywacke >10.0 Shale Drill Hole E ON LOTTO MAIN - HIGHLIGHTS LOTTO NORTH TZ Hole No. From (m) To (m) Interval (m) Au (g/t) QUEENSWAY N NOR
Slide 12: Zooming in on Golden Joint
GOLDEN JOINT PLAN MAP Deformation Zone Au Grade (g/t) GREYWACKE Au Associated Fault 0.5 – 1.0 DOME ZOOMING IN Interpreted 1.0 - 3.0 Au Vein 3.0 - 10.0 Greywacke >10.0 Shale Drill Hole ON GOLDEN QUEENSWAY NORTH GOLDEN JOINT N JOINT e on ne lt Z Zo au lt nF au PF to ple JB Ap 0 100 200 m GOLDEN JOINT
Slide 13: 3.4km Long Section
3.4KM LONG SECTION • Plotted on long section, the location of the major discovery zones with the immensity of the overall canvas becomes apparent. • Very little drilling has been done so far targeted at identifying mineralization between and outside of these zones. • The deepest drill hole to date h
Slide 14: Zooming Out to the Appleton
798 APPLETON FAULT ZONE JBP FAULT ZOOMING OUT TO BIG DAVE 1744 ZONE THE APPLETON GLASS NORTH ZONE 36 LOTTO NORTH LOTTO DOME LITTLE ROAD POCKET POND • New Found controls 9.45km of the GOLDEN JOINT KEATS WEST highly prolific Appleton North. KEATS NORTH QUEENSWAY NORTH PROJECT Drill Hole Grab Sample •
Slide 15: 500,000m Drill Program
500,000m DRILL PROGRAM • New Found is undertaking a 500,000m drill 2023 program at Queensway. • The Company is one of the most active explorers in North America. 2022 • With drilling focused along a highly prospective mineralized corridor, discovery potential is very high. 2021 2020 2019 Completed D
Slide 16: Target Development
TARGET DEVELOPMENT • Regional gold-in-till survey work on Queensway South has outlined six broad areas of anomalous gold in till counts, as APPLETON FAULT shown in gold in the figure to the right. Gander Lake • These anomalies are coincident with projections of the JBP FAULT Appleton and JBP faults,
Slide 17: Board of Directors
BOARD OF DIRECTORS Collin Denis Douglas Vijay Douglas Raymond Kettell Laviolette Hurst Mehta Hurst Threlkeld Founder, Chairman & CEO Founder & President Independent Director Independent Director Independent Director Mr. Kettell is a co-founder of New Over 10 years of experience Geologist with over 3
Slide 18: Key People
KEY PEOPLE Ron Greg Michael Melissa Bassam Hampton Matheson, P.Geo. Kanevsky, CPA Render, P.Geo. Moubarak CDO COO CFO V.P. of Exploration Advisor Ron brings over 25 years of project A professional geologist with over A Chartered Professional An exploration geologist with Finance professional with ov
Slide 19: District Scale
GANDER INTERNATIONAL AIRPORT GIGASHACK GANDER KEATS APPLETON 95% of Workforce is from Newfoundland GOLDEN JOINT LOTTO 100% is Hydroelectric of Power to Site nature of mineralization HIGH suggests low impact GRADE mining techniques are possible JB PF AU DISTRICT SCALE AP LT PL ET ON FA UL Growth 2 Ma
Slide 20: Contact
Collin Kettell Michael Kanevsky, CPA, CA Bella Carter Chief Executive Officer Chief Financial Officer Investor Inquiries ckettell@newfoundgold.ca mkanevsky@newfoundgold.ca bella@newfoundgold.ca New Found Gold Corp. + 1 (845) 535-1486 Suite 1430 - 800 West Pender Street Vancouver, BC Canada V6C 2V6 T
Slide 21: Appendix
APPENDIX
Slide 22: Geologic Setting
GEOLOGIC SETTING re BALTICA Main lapatus sutu xis ng a • The Queensway Project is located along a continental re i read u r Sut collision margin formed as part of the Appalachian Tho c sp Orogeny – the collision of Laurentia with Gondwana DOG BAY LINE lanti HBF Britain Greenland and it’s micro-conti
Slide 23: Orogenic Au Environment
ABITIBI BELT HOST TO 100M+ OUNCES OROGENIC AU ENVIRONMENT • Orogenic gold environments form along continental collision margins, where major regional-scale deep-seated structures develop. • These zones are host to magmatism, metamorphism, deformation, and see turbidite sediments unconformably deposi
Slide 24: An Ideal Plumbing System
AN IDEAL PLUMBING SYSTEM • The collision of two continental plates causes progressive compression, folding, faulting, and mineralization of sediments. • This creates an ideal host for high-grade gold mineralization which found a home in displacement accommodation faults. • This is similar to Fosterv
Slide 25: Keats High-Grade Controls
KEATS HIGH-GRADE This bed is more brittle than the other beds. e wack Gold in the New Found Gold resources occurs in rock that has been grey strongly affected by tectonic forces - leading to a deformed mass CONTROLS that has been able to fracture and break to pipe gold bearing fluids through the roc
Slide 26: Victorian Goldfields Analog
VICTORIAN GOLDFIELDS ANALOG GEOLOGIC COMPARISON OF VICTORIA GOLDFIELDS AND CENTRAL GOLD BELT, NEWFOUNDLAND • Gold mineralization hosted in middle Bendigo Gold Belt, Central Gold Belt, Australia Newfoundland Ordovician sediments, of sub-greenschist Cambro-Ordovician to greenschist metamorphic grade H
Slide 27: Comparison to Fosterville Swan Zone
COMPARISON TO FOSTERVILLE SWAN ZONE VICTORIAN GOLDFIELDS ANALOG Comparison of gold mineralization at Queensway to high-grade mineralization samples from the Swan Zone, Fosterville Mine Queensway Project Fosterville Mine Queensway Project Fosterville Mine Left, core from Keats zone, Queensway Project
Slide 28: Comparison to Fosterville Swan Zone
COMPARISON TO FOSTERVILLE SWAN ZONE VICTORIAN GOLDFIELDS ANALOG Comparison of gold mineralization at Queensway to high-grade mineralization samples from the Swan Zone, Fosterville Mine Queensway Project Fosterville Mine Queensway Project Fosterville Mine Left, core from Keats zone, Queensway Project
Slide 29: Our Home Newfoundland
OUR HOME NEWFOUNDLAND • Newfoundland is rated #8 in the world as a mining jurisdiction by the Fraser Institute. • Newfoundland announced an initiative to build 5 new mines by 2030. • The Province is host to a strong workforce and is very business friendly. • 90% of New Found’s 180 employees and cons
Slide 30: Keats Cross-Sections
B B’ NW SE KEATS CROSS-SECTIONS 8A 18 3 -2 74 64 9 48 0 5 1- 13 14 GC -4 14 NF 1-4 2- -2 1- 1- 1- NF 22 -2 GC -2 -2 -2 - GC GC GC NF GC GC -100 NF NF NF NF KEATS CROSS SECTION MAP NFGC-21-145 21.29 gpt Au / 2.50m Drill Holes Au Grade (g/t) BLACK Current Assays Reported 0.5 - 1.0 SHALE Assay Results
New Found Gold — Investor Presentation (January 2023) on 6ix